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Libyan oil will help Germany’s BASF to meet its profit target this year, offsetting a downturn in its main industrial chemicals and plastics business. The world’s largest chemical maker said in its third quarter results: “After the suspension of production in Libya from February to October of the previous year, it was possible to continuously […]

The German government is to fund two international mine clearance teams to clear and secure an ammunition store in Misrata. Commissioned by the German Federal Foreign Office, the international NGO Handicap International will clear what was formerly a weapons and munitions storage bunker of remnants of war, and secure it. During the battles in Misrata, […]

The General Electricity Company of Libya (GECOL), the state-owned company responsible for the production and distribution of electrical power, recently signed a contract with Siemens to supply and install spare parts at the Khoms steam power station. The Information Office of GECOL said that the deal was worth just over 5 million Libyan dinars. Siemens […]

Wintershall, the wholly-owned subsidiary of Germany’s BASF, is sending a clear signal of its commitment to building a New Libya: together with the Libyan National Oil Corporation (NOC), Germany’s largest, internationally active crude oil and natural gas producer is building a new pipeline which will connect oil production from the Wintershall concession C96 and the […]

Wintershall, the oil and gas arm of German chemicals group BASF, hopes to restore its oil production in Libya to pre-war levels next year. Martin Bachmann, Board member and head of exploration and production said: “The plan is then for next year to come up to pre-war production levels, witch were around 100,000 barrels per […]

RWE Dea Cyrenaica GmbH – Libya Branch intends to issue the tender described below and wishes to invite for pre-qualification, interested, experienced and reputable companies (contractor) specialized in providing Logistics Services. SCOPE OF WORK SUMMARY: The Area 58 (Cyrenaica) work program consists drilling of two exploration vertical wells until 31 May, 2013. Maximum depth is […]

Libya’s Minister of Higher Education and Scientific Research, Naim Alghriani [Naeem Algherinay] (pictured), met the German ambassador to discuss cooperation between the two countries in the field of education and scientific research. According to the report from Libya Herald, the meeting took place at the National Commission for Scientific Research in Tripoli, and they discussed […]

The s National Oil Corporation (NOC) and the Arabian Gulf Company for Oil have entered an agreement with Wintershall (Libya) to build a crude oil pipeline from the Anafura field (affiliated with the Arabian Gulf Company) to the Amal field (affiliated with the Harouge Oil Operations Company). The 24-inch pipeline will be approximately 55 km […]